Appendix Figure B

Realized CEO compensation, revised measure vs. prior measure, 2006–2018

Prior measure Revised measure
2006 19,560,000 18,929,000
2007 20,347,000 19,428,000
2008 14,396,000 12,682,000
2009 11,318,000 10,376,000
2010 13,627,000 12,864,000
2011 13,869,000 14,105,000
2012 16,115,000 21,385,000
2013 16,671,000 18,065,000
2014 17,784,000 19,328,000
2015 17,090,000 19,294,000
2016 16,340,000 17,005,000
2017 17,603,000 18,954,000
2018 17,448,000 18,663,000
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Note: The revised measure of realized CEO compensation includes the value of realized stock options and vested stock awards. The prior measure of realized CEO compensation includes the value of realized stock options and the fair value of stock awards when granted.

Source: Authors’ analysis of data from Compustat’s ExecuComp database.

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